Doc Copper
Image Source: PixabayIt has been said many times over decades that copper is an excellent canary in the proverbial coal mine for judging where the economy is heading. May I direct your attention Freeport McMoRan (or fREEPORT mCmOrAN if you like) symbol FCX. Looks like doom to me!More By This Author:Current Bearish PositionsAre You Being Served?Reddit’s Steady Climb
The Commodities Feed: Risk-Off Move
Image Source: Pixabay Energy – Unable to escape risk-off move Oil prices came under pressure yesterday with the market and the broader complex unable to escape the sell-off seen in equity markets. Tariff headlines will also not be helping sentiment with reports that President Trump will place tariffs on steel, aluminium and copper imports. In addition, […]
Financial Markets Report For Monday, Jan 27
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, January 27.Video Length: 00:15:40More By This Author:Metal Markets Report For Thursday, Jan 23Financial Markets Report For Thursday, Jan 23Metal Markets Report For Wednesday, Jan 22
EUR/USD Falls Back Below 1.05 As Fiber Bulls Blink On Fresh Tariff Threats
Image Source: Pixabay EUR/USD shed 0.5% on Monday as buyers flub the 1.0500 handle. Markets are recoiling from trade war headlines pouring out of the White House. Fed rate call and EU growth figures due later in the week. EUR/USD backslid one-half of one percent on Monday, falling back below the 1.0500 handle and paring recent […]
USD/CAD Posts Modest Gains Above 1.4350 Amid Trump Tariff Uncertainty
Photo by Michelle Spollen on Unsplash USD/CAD trades with a mild positive bias near 1.4370 in Tuesday’s early Asian session. The BoC will go ahead with another cut to its benchmark interest rate on Wednesday. Fears of a trade war with the US weigh on the Loonie. The USD/CAD pair trades with mild gains around 1.4380 during the […]
Oil Prices, Interest Rates And War
Image Source: PixabayThe Financial Times recently reported that President Trump is encouraging OPEC producers to boost supply: Donald Trump has called on Opec to push down global oil prices and insisted that central banks around the world lower interest rates “immediately” afterwards. In a speech to executives in Davos on Thursday, the US president urged Saudi Arabia and other producers […]
How To Trade Using Sentiment – Yours And The Market’s
Image Source: Pexels I often write about market sentiment – how people are feeling about current market action and trends. It’s important to be aware of how you’re feeling about the markets, of course, but especially how others are feeling. By tracking both, you’ll know how to trade using sentiment. What to notice about your own […]
Dow Industrial Average Surges As Semiconductors Plunge
Ugly day driven by tech declines has stalled broader rallies, but not killed them. The Dow Jones Industrial Average managed to act oblivious and went against what I thought might have been straight forward reversal off resistance. Whether DeepSeek proves to be a catalyst for a larger decline won’t be clear until support breaks across […]
Why DeepSeek Just Deep-Sixed U.S. AI Stocks
Image Source: Pexels We’re all adults; we all know there are no “sure things”.Just the same, for the past two years, all the talking heads out there have been sure AI was set to revolutionize, well, everything.Sure – AI has been revolutionary and has transformative potential, but its reliance on infrastructure is a hurdle on the […]
DeepSeek Is Not New – The Rotation Away From Tech Is
The technical aspect of DeepSeek is not new. The reaction to it though, is new. What this could mean is that unlike the internet explosion which included 100’s of companies, the AI explosion is much narrower in impact thus far than what has been hyperbolized by mainstream media. AI has enormously affected only a few companies. So, if […]
